BOEHNER: I Looked At Geithner And I Said, 'You Can't Be Serious?'http://www.businessinsider.com/john-boehner-obama-fiscal-cliff-tim-geithner-2012-12/comments
en-usWed, 31 Dec 1969 19:00:00 -0500Fri, 09 Dec 2016 23:13:13 -0500Brett LoGiuratohttp://www.businessinsider.com/c/50bc61906bb3f78504000032RowdyFriendMon, 03 Dec 2012 03:23:44 -0500http://www.businessinsider.com/c/50bc61906bb3f78504000032
Source for these numbers?http://www.businessinsider.com/c/50bc6035eab8ea285b000006RowdyFriendMon, 03 Dec 2012 03:17:57 -0500http://www.businessinsider.com/c/50bc6035eab8ea285b000006
Bravo, someone who truly gets it. Nothing substantive will be done about the debt, and nothing even symbolic will done for at least two more weeks. All of the current hand-wringing and disbelief is nothing but a waste of bandwidth.http://www.businessinsider.com/c/50bc39f569bedd361a00000eSounds likeMon, 03 Dec 2012 00:34:45 -0500http://www.businessinsider.com/c/50bc39f569bedd361a00000e
Serious? An alcoholic with the name Boner can't be serious.http://www.businessinsider.com/c/50bc2bfcecad041845000002Walter MattsonSun, 02 Dec 2012 23:35:08 -0500http://www.businessinsider.com/c/50bc2bfcecad041845000002
What don't the democrats realize about debt. I guess they have never run a business. It is obvious that Obama never has. The republicans have stated that increased revenues are on the table as long as spending cuts are included. I will agree that some spending cuts may be delayed until the economy recovers to some established level as determined by an unemployment rate of approximately 6%. If the republicans bargain on a delayed spending cut, then the democrats need to delay any tax increases until that same unemployment figure is reached. Making the debt limit automatic is insane. Look how high Obama has pushed it already. Are you serious? Do you really want the US to become Greece? From all the statements by liberals, I would say yes and would confirm the statements that most liberals are socialists. In fact, I just read that 53% of all democrats in government are socialists. In regard to providing unemployment benefits, the republicans recognize that they are necessary and also believe that the other entitlement programs need to be preserved. The republicans what to preserve these programs by revising them so they have a chance to last. However, the democrats are the obstructionists by stating that republicans what to destroy the programs and just want to raise taxes to fund them in their present state. Doing this assures that the economy will continue to lag, inflation will increase dramatically and the country will be Greece in a the near future. It has been proven by none other than a socialist country ( Denmark ) who had unemployment benefits that extended out for 4 years and very few people looked for work until the benefits ran out. Why work if unemployment benefits are given without an incentive to find a job. Denmark discovered that when unemployment benefits were reduced to 2 years that the person found a job again at the end of the benefit period.http://www.businessinsider.com/c/50bc2312eab8eaaa5a000016JimZSun, 02 Dec 2012 22:57:06 -0500http://www.businessinsider.com/c/50bc2312eab8eaaa5a000016
Boehner's thinking: "Obama must imagine he won the election last month!"http://www.businessinsider.com/c/50bc182cecad04841a00000ccarbonboySun, 02 Dec 2012 22:10:36 -0500http://www.businessinsider.com/c/50bc182cecad04841a00000c
I looked at Boehner and said "give it up, as if you don't, the Republicans will look like bigger fools than they actual are."
And he said, "With the persistent loud voice, fool asks us to respect serenity."http://www.businessinsider.com/c/50bc181ceab8eac943000010Jeff ReedSun, 02 Dec 2012 22:10:20 -0500http://www.businessinsider.com/c/50bc181ceab8eac943000010
*themhttp://www.businessinsider.com/c/50bc17ea69bedd3c48000009Jeff ReedSun, 02 Dec 2012 22:09:30 -0500http://www.businessinsider.com/c/50bc17ea69bedd3c48000009
The irony is that most politcians have law degrees not business or finance credentials so what qualifies yhem to spend our hard earned money?http://www.businessinsider.com/c/50bc0e806bb3f7516b000040theqebarSun, 02 Dec 2012 21:29:20 -0500http://www.businessinsider.com/c/50bc0e806bb3f7516b000040
Did you guys hear what the Dems want....the want Congress to give up power on the Debt Ceiling. Laughable, if you have a brain at all you know this is a stupid idea. GET this through your thick skull...'we do NOT have a revenue problem, we have a SPENDING PROBLEM"
Idiots...you have never run a businesshttp://www.businessinsider.com/c/50bc0623ecad04fc7b00000dlukmanleongSun, 02 Dec 2012 20:53:39 -0500http://www.businessinsider.com/c/50bc0623ecad04fc7b00000d
exactly...http://www.businessinsider.com/c/50bbf410eab8ea5675000009setarcosSun, 02 Dec 2012 19:36:32 -0500http://www.businessinsider.com/c/50bbf410eab8ea5675000009
It bugs me that the Repubs - and their equivalents in other countries - focus their propaganda on the various forms of SS/welfare, whilst almost completely ignoring corporate 'welfare', e.g. weapons and related 'defense' contracts. But of course defense contractors have powerful lobbyists (ditto all cororations), whereas SS lobbies are weak.
But whatever spending is cut, it translates into unemployment and reduced demand for goods and services = less tax collected and increasing social unrest, so it's a vicious circle, or spiral down.
Clearly the answer is NOT to borrow more to avert cuts, so really there is no answer is there, or not a contrived one. Perhaps things have to implode for a reset to occur, though no thinking person would actually look forward to the chaos and possibly wars.http://www.businessinsider.com/c/50bbf20becad04655300002dsonvoltSun, 02 Dec 2012 19:27:55 -0500http://www.businessinsider.com/c/50bbf20becad04655300002d
I have to admit, I can't figure out if the Democrat position is strictly a negotiating ploy, or if they are really so clueless as to think the only thing that has to be done is to increase taxes on the wealthy.http://www.businessinsider.com/c/50bbf0e6ecad042351000013Michael JSun, 02 Dec 2012 19:23:02 -0500http://www.businessinsider.com/c/50bbf0e6ecad042351000013
Darn it all ! We voted for trillion dollar deficits and we want them !http://www.businessinsider.com/c/50bbe7916bb3f78928000006get rid of itSun, 02 Dec 2012 18:43:13 -0500http://www.businessinsider.com/c/50bbe7916bb3f78928000006
the debt ceiling is an outdated, antiquated, useless device that only exists to cause harm on the majority party, regardless of which side that is. it hurts republicans over time just as much as it hurts democrats over time. it is not mandated by the constitution - it didn't even exist until the 20th century.
bear in mind that the debt ceiling is a separate and distinct entity from the appropriations congress also votes on. essentially, congress votes - per their constitutional powers - to require the administration to spend, say, $4 trillion on various items. then, the debt ceiling ALSO has to be raised, separately, to allow the administration the ability to borrow the money they were just mandated by the same congress to spend.
get rid of the debt ceiling. it is not a good thing.http://www.businessinsider.com/c/50bbe6d66bb3f71822000013actually...Sun, 02 Dec 2012 18:40:06 -0500http://www.businessinsider.com/c/50bbe6d66bb3f71822000013
actually, the deficit is decreasing, not rising. the last fiscal year passed under bush was $1.4T. the first two years under obama were each about $1.3T. last year was just under $1.1T. next year is expected to be under $1T.
hate to break it to you, but the deficit was at its highest when bush handed the reins to obama. since then he's been guiding it steadily down.http://www.businessinsider.com/c/50bbe64becad043644000001what's your point?Sun, 02 Dec 2012 18:37:47 -0500http://www.businessinsider.com/c/50bbe64becad043644000001
and? is anyone claiming those powers have changed in some way?http://www.businessinsider.com/c/50bbe0e069bedd5346000014jt marineSun, 02 Dec 2012 18:14:40 -0500http://www.businessinsider.com/c/50bbe0e069bedd5346000014
My nomination for Secretary of State is Joseph R. Donovan Jr. he is as well credentialed for the job as you will find, a life of in the field Foreign relations work all over the globe.. show support email your congressman with this mans name and your support.http://www.businessinsider.com/c/50bbdd926bb3f7e610000015The View from AsiaSun, 02 Dec 2012 18:00:34 -0500http://www.businessinsider.com/c/50bbdd926bb3f7e610000015
Your childish insults to a duly elected official serve no purpose and add no value. Everyone knows Obama's offer isn't sincere. You can't start a negotiation with an insult like "surrender your power" and expect things to go well. It's clear Obama is going to play it to the wire, or he would have booked a meeting with Boehner already, instead of grandstanding in the press. It's a real failure of leadership if he can't even get Reid and his own party to pass a budget through a Senate they control.http://www.businessinsider.com/c/50bbdd3fecad04d130000004thenemo1Sun, 02 Dec 2012 17:59:11 -0500http://www.businessinsider.com/c/50bbdd3fecad04d130000004
Boehner represents a segment of society that are either too rich to care or have it matter or too stupid to know their fanaticism & religious fundamentalism has alienated society to a no return position.http://www.businessinsider.com/c/50bbd01a6bb3f77501000001jackknife gypsySun, 02 Dec 2012 17:03:06 -0500http://www.businessinsider.com/c/50bbd01a6bb3f77501000001
The Admenstruation, or whoever in it proposes as part of the deal to take away CONgress' power to raise or lower the debt limit is NOT SERIOUS. Geithner or theBamster are either out of their minds or just out of their minds.
Why would they put in the proffer a ridiculous idea like that?
Why so they can forget it when the arguing gets more earthly.
So Boehner; as much as it pains me to say, is absolutely right.http://www.businessinsider.com/c/50bbca636bb3f70d71000007dongateleySun, 02 Dec 2012 16:38:43 -0500http://www.businessinsider.com/c/50bbca636bb3f70d71000007
Are the republicans demanding an end to the emergency unemployment benefits too? It doesn't seem possible any more to know the details of what the republicans want.
I know! They want an end to details.http://www.businessinsider.com/c/50bbc63e69bedd450c000003Michael JSun, 02 Dec 2012 16:21:02 -0500http://www.businessinsider.com/c/50bbc63e69bedd450c000003
1,000,000,000,000 deficit per year - and rising ! We have bankrupted the kids and grand kids. Let's work on the great grand kids !http://www.businessinsider.com/c/50bbc58b69bedd8c7f00000fMichael JSun, 02 Dec 2012 16:18:03 -0500http://www.businessinsider.com/c/50bbc58b69bedd8c7f00000f
Give 'em hell, Boehner ! A trillion dollars a year deficit and they won't cut anything ! All they are proposing is slowing the rate of growth/http://www.businessinsider.com/c/50bbbff2ecad045277000013what is a "featured" commenter?Sun, 02 Dec 2012 15:54:10 -0500http://www.businessinsider.com/c/50bbbff2ecad045277000013
Featured Commenter's BI? Getting the propaganda boiler up to full steam?
We should just go over the cliff and watch who steps up to make a deal. It will be the jokers with the most to loose - Republicans in Congress. See you clowns in 2014!!http://www.businessinsider.com/c/50bbbfbc6bb3f7e66100000eTheOtherSpinSun, 02 Dec 2012 15:53:16 -0500http://www.businessinsider.com/c/50bbbfbc6bb3f7e66100000e
These guys are going to posture and posture until the time passes....then point figers at the other side. Are they really capable of coming to gether and working out a deal that makes sense for the American people? I believe the American people don't thing so.....
All the rest of this is just theatre.http://www.businessinsider.com/c/50bbb1d9eab8eacd68000014hohohoSun, 02 Dec 2012 14:54:01 -0500http://www.businessinsider.com/c/50bbb1d9eab8eacd68000014
This is kind of like Bozo the Clown telling Albert Einstein "You can't be serious".
Come up with concrete proposals and we'll take you seriously John. Fail to do that and we'll just continue to think of you as an ineffective representative for a failed movement.http://www.businessinsider.com/c/50bba398eab8ead848000015just.a.guySun, 02 Dec 2012 13:53:12 -0500http://www.businessinsider.com/c/50bba398eab8ead848000015
"I've made it clear to the president that every time we get to the debt limit, we need cuts and reforms that are greater than the increase in the debt limit. It's the only way to leverage the political process to produce more change than what it would if left alone."
...this is unassailable logic regardless of the messenger. the idea that congress would give up its control over the pubilc purse and put the economy on an inevitable collision course with disaster is insane, irrespective of which political party is at which levers (executive or legislative)http://www.businessinsider.com/c/50bba18eeab8ea6d46000015hcho3Sun, 02 Dec 2012 13:44:30 -0500http://www.businessinsider.com/c/50bba18eeab8ea6d46000015
For the sake of world economy, I hope Republicans do not cave in...
Raising taxes on rich people will not solve this problem. Even if you steal all of their money, it won't solve 16 trillion dollars debt.http://www.businessinsider.com/c/50bba171eab8ea694b000001renny gSun, 02 Dec 2012 13:44:01 -0500http://www.businessinsider.com/c/50bba171eab8ea694b000001
Look, Boener is just playing to his audience...all of whom are licking their various wounds...and wanting to feel that they still can control the Country from a minority position (the aging angry white guy position; which includes both males/females in their 40's, who (largely) act like they are in their 90's).
So, he's spouting the same old rhetoric without offering one solid solution. It's just slam, slam, slam and act tough -- while hoping to keep some flow of PAC money flowing to the Right and his buds.
The boy needs a new script. But, he's incapable of realizing that no one really wants to keep hearing his old one.http://www.businessinsider.com/c/50bb9f30eab8ea813c00001dabolish the fedSun, 02 Dec 2012 13:34:24 -0500http://www.businessinsider.com/c/50bb9f30eab8ea813c00001d
The u.s. is headed for a total economic collapse driven by the elites who own the fed who have funded the unending wars that have cost over 6 trillion and counting and feds creating some 16 tillion out of thin air to bail its self out ie the banks that split up the 16 trillion are the banks that own the fed and of course every penny of this is transferred to the treasury and on to the backs of we the taxpayers, the actual u.s. debt is over 222 trillion as reported by laurence kotlikoff of boston university , his reports can be found in the archives at zerohedge.
The only way out is to abolish the fed and return to issuing debt free money under article one section eight clause five of the constitution, anything short of that means after the collapse the elites who own the fed will bring in their global bank and currency and vat, aka their new world order.http://www.businessinsider.com/c/50bb9c656bb3f74e21000001Boehner and the Norquist pledgeSun, 02 Dec 2012 13:22:29 -0500http://www.businessinsider.com/c/50bb9c656bb3f74e21000001
Boehner is politically terrorized by the Norquist pledge that he signed.http://www.businessinsider.com/c/50bb999369beddb022000005Arshile GorkySun, 02 Dec 2012 13:10:27 -0500http://www.businessinsider.com/c/50bb999369beddb022000005
Hey the repubs have this all figured out so that they can't lose.
Just like they had the election all figured out so they couldn't losehttp://www.businessinsider.com/c/50bb97e069bedd041500001fdon robertsSun, 02 Dec 2012 13:03:12 -0500http://www.businessinsider.com/c/50bb97e069bedd041500001f
WHY did the U S voters vote themselves into a fiscal cliff corner?????
Even more misery around the corner in 2013??http://www.businessinsider.com/c/50bb970d6bb3f7a816000001chris hauserSun, 02 Dec 2012 12:59:41 -0500http://www.businessinsider.com/c/50bb970d6bb3f7a816000001
wake me in two weeks.http://www.businessinsider.com/c/50bb93436bb3f77a0900001dclamboSun, 02 Dec 2012 12:43:31 -0500http://www.businessinsider.com/c/50bb93436bb3f77a0900001d
You can be a Democrat and cheer that Obama won the election. The fact that in our system Congress spends the money and makes budget and decides the taxes is unchanged by the election on November 6.
The House of Representatives has the power to do this, not the president.
Not that I think you have one around, but look at the US Constitution and read the powers of the different branches of government.http://www.businessinsider.com/c/50bb929cecad041523000016Dennis954Sun, 02 Dec 2012 12:40:44 -0500http://www.businessinsider.com/c/50bb929cecad041523000016
Obama has stated the solution requires a balanced approach which I think most people interpret as a balance between tax increases and spending cuts. However, Geitner goes to Congress with twice the tax increase, $50 billion more in stimulus spending, and maybe $400 billion in medicare cuts sometime later? Where are the spending cuts to balance off all the extra spending? I also find it interesting that no one is talking about the $318 billion in new taxes that kick in on January 1 to pay for Obamacare. You people can put thumbs down as much as you want but you can only ignore the reality of all the deficit spending for so long. Taxing the rich reduces the $1 Trillion deficit by only $85 billion per year. Where does the other $915 billion a year come from?
Radix, the 1.2 trillion in cuts already agreed to is part of the fiscal cliff, and that number is over 10 years or 120 billion a years. Assuming that part of the deal stays intact, you are still $795 billion short.
The republicans aready proposed a plan. It is called a budget. The House passed a budget but Harry Reid refused to allow it to come up for a vote. So who is really the obstructionist? The senate has not voted on a budget in more than 3 years. I can't wait to see how many thumbs down I get from tne ostritches with their heads buried in the sand.http://www.businessinsider.com/c/50bb8d7469bedddc03000009boehner anticsSun, 02 Dec 2012 12:18:44 -0500http://www.businessinsider.com/c/50bb8d7469bedddc03000009
The man who cried on national TV to get the banking bailout passed. Enuf said...http://www.businessinsider.com/c/50bb83e869bedd936c000008My black barry still won't work even after the electionSun, 02 Dec 2012 11:38:00 -0500http://www.businessinsider.com/c/50bb83e869bedd936c000008
Did you hear the one about the two clowns? One looked at the other one and said, "You cant be serious" Get it? One clown saying to the other, "You cant be serious" See because clowns cant be serious by virtue of being a clown. Funny, funny joke. On the American people.http://www.businessinsider.com/c/50bb832069bedda36400001aradixSun, 02 Dec 2012 11:34:40 -0500http://www.businessinsider.com/c/50bb832069bedda36400001a
It isn't 4:1. People are forgetting the 1.2T cuts already agreed to, from last years debt negotiations.http://www.businessinsider.com/c/50bb7fd86bb3f77e61000020Gary AndersonSun, 02 Dec 2012 11:20:40 -0500http://www.businessinsider.com/c/50bb7fd86bb3f77e61000020
You start out with what you want and then you negotiate. 4 to 1 is probably good for the economy. If you hurt the people who actually spend the money that is worse than hurting the people who are collecting the bulk of the money. So Jaydee, it is time for Boehner to come up with a plan. He has no plan. I think this new version of the Whig party will become obsolete.http://www.businessinsider.com/c/50bb7f7a6bb3f7a96300000dCAPTAIN GRIDLOCKSun, 02 Dec 2012 11:19:06 -0500http://www.businessinsider.com/c/50bb7f7a6bb3f7a96300000d
I see Captain Gridlock is running his mouth again........funny where was your so called controlling the debt when Bush was POTUS? There was NONE PERIOD. Yet now it is so important? What is non-sense is you waiting till the lame duck congress to hold us hostage. YOU had all year to propose bills......NOT go tan, NOT go play golf, to do your job as speaker. YOU were totally useless as speaker and will forever be known in American history as Captain Gridlock......check that I hear-by promote you to General Gridlock.http://www.businessinsider.com/c/50bb7f3eeab8ea9902000001Gary AndersonSun, 02 Dec 2012 11:18:06 -0500http://www.businessinsider.com/c/50bb7f3eeab8ea9902000001
The guy who talks the most is the one who needs to get some ideas. The Tan Man 2 (Tan Man 1 was Mozilo), needs to get some ideas in order to work out a compromise. Republicans are so frozen all they can do is criticized. Norquist has these wimps by the throat.http://www.businessinsider.com/c/50bb7dcf69beddfa53000028radixSun, 02 Dec 2012 11:11:59 -0500http://www.businessinsider.com/c/50bb7dcf69beddfa53000028
And when asked what his proposal was, a blank expression came over Boner's face.http://www.businessinsider.com/c/50bb7b0069bedd7c56000009mt kellerSun, 02 Dec 2012 11:00:00 -0500http://www.businessinsider.com/c/50bb7b0069bedd7c56000009
Woof ! Woof! (They're BOTH serious...)
"Somehow it seemed as though the farm had grown richer without making the animals themselves any richer-
except, of course, for the pigs and the dogs."
-George Orwell, The Animal Farmhttp://www.businessinsider.com/c/50bb7a4369bedda24e000017JaydeeSun, 02 Dec 2012 10:56:51 -0500http://www.businessinsider.com/c/50bb7a4369bedda24e000017
One should take Obama at his word when he said over and over and over during the election that he favors a "balanced approach" to deficit reduction. A at minimum, this should mean a 1:1 ratio of tax hikes to spending cuts. What he has offered however, is a 4:1 ratio of tax hikes to spending cuts with the cuts to be determined sometime in the future. And, oh by the way, Obama also wants to permanently uncap the debt limit. Nobody should take this offer seriously - especially if you take Obama at his word when he was trying to get reelected.http://www.businessinsider.com/c/50bb78e76bb3f77f5800000bsave_the_rustbeltSun, 02 Dec 2012 10:51:03 -0500http://www.businessinsider.com/c/50bb78e76bb3f77f5800000b
The establishment wing of the GOP does not have conservative values, the establishment wing has only one value.
Make rich white people richer.
All of the fund raising mailers I receive go straight to the trash.http://www.businessinsider.com/c/50bb767cecad044b70000006BonerSun, 02 Dec 2012 10:40:44 -0500http://www.businessinsider.com/c/50bb767cecad044b70000006
Look, if the Koch brothers don't get a big tax break then none of you working stiffs is gonna git a small one.
We, the GOP are not the party of tax breaks - we are the party of tax breaks for the rich. Period.